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team coverage tonight. jim angle has a fact check on last night's most heated issue, tax policy. ed henry has the obama campaign reaction. and we begin with carl cameron on the first debate. good evening, carl. >> hi, brett. the romney campaign could hardly be more excited about what happened last night. in fact, since the debate ended, they say they've been getting two donations per second as a measure of mitt romney's success the morning after is general election debate debut against the president, mitt romney made a surprise appearance to a thrilled and leaved audience of conservatives. >> last night i thought was a great opportunity for the american people to see two very different visions for the country. >> he reiterated a new attack. >> trickle down government that the president proposes is one where he will raise taxes on small business, which will kill jobs. i instead want to keep taxes down on small business so we can create jobs. >> romney awoke to rave reviews across the country and democrats admit he delivered. >> virtually everything you said about my tax plan is inacc
and tax policies to get small businesses funding, make sure we are open for business and we can get production and manufacturing back here and get people back to work. it is important to talk about that after a revision of the g.d.p. numbers in the second quarter down to 1.3 percent. that is below anemic. we are not out of the fiscal woods yet. >>neil: we talk about economic numbers. you preferred to the g.d.p. data. just today, congressman, we had surprisingly strong growth in private sector numbers that may or may not mirror what happens on friday, a gain of 162,000, but, all of this is on the same day a number of companies are were watching that things do not look good and there could be an earnings recession. what do you think is the real state of the economy right now and what mitt romney has in his position tonight? >>guest: the most important thing is mitt romney needs to show that the president and his previous budget that he has proposed with trillions of dollars in new taxes only does one thing: it grows the debt. it does not do anything if the deficit we have had. you giv
round of stimulus and higher tax returns rates on job creators. we are offering specific reforms. strengthen social security. grow jobs. have an energy policy that unleashes american energy and has energy independence. >> chris: the fact that the message hasn't gotten through as effectively as it could so far is, that your fault, the romney campaign fault report voters' fault? >> it is not the voters' fault. i think the president has done an effective job of trying to confuse the issue and distract people. i don't think that is going to work. >> chris: do you take any responsibility? >> we going to pros is cute the campaign in the way that we always planned which is we will tiv this country a very clear choice. do you want stagnation and dependency or growth and opportunity? the problem is not everybody knows our five point plan for a stronger middle class. not everybody knows that we have the solutions that will get people better job security. >> chris: let's talk specifics. >> no matter how many times they tell you they will start talking specifics really soon they don't do it
promising $5 trillion in tax cuts that favor the wealthy. the fellow on stage last night said he didn't know anything about that. the real mitt romney said we don't need anymore teachers in our classrooms. don't boo, vote. [ cheers and applause ] but the fellow on stage last night, he loves teachers. can't get enough of them. the mitt romney we all know invested in companies that were called pioneers of outsourcing jobs to other countries. but the guy on stage last night, he said that he doesn't even know that there's such laws that encourage outsourcing. never heard of them. never heard of them. never heard of tax breaks for companies that ship jobs overseas. he said that if it's true, he must need a new accountant. now, we know for sure it was not the real mitt romney because he seems to be doing just fine with his current account. so you see, the man on stage last night, he does not want to be held accountable for the real mitt romney's decisions and what he's been saying for the last year. and that's because he knows full well that we don't want what he's been selling for the last year.
>>> a make or break week for mitt, and this is his sendoff? >> lowering the tax rates. does that cost $5 trillion? >> no, no. look, i won't get into a baseline argument with you. >> i think my biggest concern obviously would just be for the -- his mental well-being. >> you haven't given me the math. >> well, i don't have the time -- it would take me too long to go through all of the math. >> too long. good lord. on the eve of the first debate, team romney flubs their lines. >> have you got lines already prepared, attack lines? >> i'm not really a line guy. overseas which is where you and i come from means lake superior. where i come from overseas we refer to lake superior. overseas, which as a wisconsinite means lake superior -- >> i'm not familiar with precisely with what exactly i said but i stand by what i said whatever it is. ♪ how you like me now ♪ how you like me now >>> we begin with the hunt to win october and in particular the next five days that could prove decisive in this presidential campaign. indeed, after a cruel summer that extended well into september, m
what other governors have done, reduce taxes, regulation, do what perry has done. he taxes low. reduce regulations. streamline permitting, and like business people. >>neil: you are dismissing this argument, but, if you follow this out by sting, governor, say the president is re-elected and and it hangs on swinging states like yours where you have implemented policies that are not the president's policies but the mirror opposite. any lesson here for the president if he is re-elected over, then, the policies you would recommend? in that event? >>guest: well, whoever is elected i am hopeful for american families they will reduce taxes we cannot have the highest corporate tax rates and expect businesses to flop to america or per regulation and expect businesses to flop to america. >>imus: what on the tax thing when mitt romney said last week i will lower taxes but it is not what it seems, i will take away a lot did yous and exemptions and people thought, well, maybe you are not all we thought you were, and he got in trouble >>guest: we are competeing. our businesses are competing with busi
>> eric: that's it for us. >> jamie: shannon? >> my plan is not to raise taxes on anyone. i'm going to reduce taxes for middle-income americans. >> mr. romney wants another $5 trillion in tax cuts that he can't pay for. >> you can't have it both ways. a battle over $5 trillion, your tax dollars, president obama says a tax cut by the governor would roll out benefits to only the wealthiest americans at the cost of the middle class. romney says, no matter how many times the president says it it is not true. who is telling the truth? i'm shannon bream, live in washington. we have representatives from both sides of the aisle. rnc chairman, reince priebus and dnc chairwoman, debbie wasserman-schultz. welcome. we start in washington with reince priebus. i want to talk about the unemployment numbers for september, 7.8%, the lowest since president obama has been in office. he said, you can't turn back now, america is moving in the right direction. has he made a case that we are seeing recovery? >> not at all. first of all, we will let the economists argue over the numbers. i know people are
-neutral 20% tax cut across the board for every american? are we going to hear that tonight in. >> no, absolutely not. i think what you're going to hear and see is more of a tactic. sort of a communications tactic of making it sound like he's talking like a plan, like that 17,000 cap he threw out the other day and then his team walked that right back. probably -- >> karen, that's known as i've got a hole in my pocket, dear liza. >> that's right. you'll hear him talk about a number of these things as if it sounds like a plan, but without any specifics. i think what you'll see from the president is more specifics. again, the president actually has a record to talk about. i mean, put forward a health care plan. happened to be, you know, based on mitt's, but whatever. he has a jobs plan, a number of things of specifics he can point to whereas romney doesn't. i think that will be part of the contrast the president will be going for. i think romney's only defense on that, since i don't think he'll give us specifics, is rhetoric and to make it sound like he has a plan. >> do you agree with t
tax plan without blowing up the deficit or sticking it to the middle class. that's the math . we can't afford to go down that road again. >> steve: so the day after his terrible performance even the new york times called him president xannex. they have gone in damage control mode . they were portraying romney as an extremist and now back to romney is a flip-flopper and a big fact liar . >> brian: i thought the senator was right when team obama got a earful. the strategy was to lay back and not make major mistakes. governor romney will be a true choice. he defined himself as competent and capable . he was making himself relevant and holding the job. that's what you walk away . he undid over two million worth of advertising. >> gretchen: he had a answer about the five billion, trillion argument that the president said. he said that is not my tax plan. and you can see the difference when they are on a stage together going after each another and back out on the stump. on the stump you can say whatever you want. these are people supporting each cand date. this is a moment romney respondin
this weekend. >> he for instance is going to raise taxes and his vice-president blurted out the truth. they plan on raising them trillion and it is two trillion when you put it together. that is an increase on taxes in maul business and that will mean less jobs. >>> and in the meantime obama campaign continues to hit mitt romney on the idea of being dishonest and nigh add out there saying he was not for a five trillion tax cut he was lying about that as he was when he said the president wants to raise the taxes $4000. obama disputed that that was independent but did not dispute the $4000 figure. and in the meantime president in cleveland making fun of mitt romney. listen to this. >> for all of you moms and kids out there. don't worry, somebody is getting tough on big bird. elmo, you better make a run for it. governor romney is going to let wall street run wild again but bring the hammer down on sesame street? >> and democrats are wondering where that president obama was in the debate on wednesday and people wonder if he will be tough one on one when he has the stage. >>> and the obama
taxes to the middle class has been buried the last four years. >> dramatic admission today about the president's first term from vice president biden. which gave republicans some predebate ammunition. though he charged bush policies are to blame. >> by the time we were elected they had eight years doubled the national debt. debt clock. doubled it. in addition to that, they had the slowest job private job growth since world war ii under this policy. >> another key debate topic, healthcare. romney is defensive about his massachusetts plan. today, the obama camp charged the promise to repeal the president's law will knock millions off the insurance. republicans are circulating a secretly recorded video of a recent meeting among local government officials here in henderson where the president is doing debate prep. officials discuss how implementing the president's law will cost city employees an extra $40 a month. >> a challenge beyond belief. >> in exclusive interview with fox in nevada, senator marco rubio says the video shows the issue will blow up on the president. >> that's the
so you can decide. >> steve: president obama raising taxes is the only way to dig america out of the ditch. >> it is not possible to come up with enough deductions and loopp holes that affect only high income individuals math. it is aryth metic. >> steve: really. governor romney said cu. >> brian: this might ease your fears. free flightts to leave the country if your guy goes down. "fox and friends", we are up and we are on right now. ♪ ♪ "fox and friends". >> congratulations to you mr. president on your anniversary. i am sure this is the most romantic place you can imagine, here we me. i like pbs and big bird and you, too. i will not spend money borrowing from china to pay for it. >> american people have to ask is the reason governor rum rhumb all of the plans because they are too good. >> look, i have five boys, i am used to people saying something that is not always true and keep on repeating it and hoping i will believe it. that is not the case. a friend of mine said you pick losers. . you are ened to your own plane and house. >> two minutes is up. >> i had five second
the differences between himself and zeroing in on taxes. >> for instance, he is going to raise taxes. vice president blurted out the truth. they plan on raising taxes trillion. they have already raised them a trillion. that is increases on taxes on small business, among other things. that will mean less jobs. >> reporter: on the campaign trail in ohio, president obama appeared to have a lot of fire that he seemed to be lacking on tuesday night. and accusing romney at shocking dishonesty and even though the deputy campaign acknowledged that tax cut would not be nearly 5 trillion dollars, it's something that the president repeated in cleveland. >> we put two wars a two tax cuts on a credit card. we didn't pay for them. now, mr. romney wants another 5 trillion dollars in tax cuts that he can't pay for. we're not going to let that happen. we are not going to fall backward, not with so much at stake. >> reporter: governor romney answering in the ad wars, as well. a new ad featuring melanie mack that mara that voted for president obama back in 2008. this time around she says she is going to vote
to former house speaker nancy pelosi. >> who will raise taxes on the middle class? barack obama and the liberals already have. >> reporter: fresh ammunition for tomorrow night's debate at an event earlier today in charlotte, north carolina, wolf, biden said how can the romney campaign justify raising taxes on the middle class that has been buried -- in his words, buried, the last four years. paul ryan at a campaign event in iowa just a few moments ago seized on those comments and said vice president biden said that the middle class has been buried. we agree. he goes onto say that means we need to stop digging by electing mitt romney the next president of the united states, wolf. i have a strg sense this will be brought up at tomorrow night's debate, wolf. >> we'll have a lot more on what joe biden has just said and the very tough reaction coming in from the romney campaign. gloria borger is standing by on that front. both of these campaigns are bringing major surrogates to denver to appear in the so-called spin room after the debate tomorrow night. what are you learning about th
will not reduce the taxes paid by high income americans. >> bill: that was a scripted line but the governor delivered it well. on the other side, president obama's best line mocked romney over the vagueness of his tax proposals. >> at some point, i think the american people have to ask themselves, is the reason that governor romney is keeping all these plans to replace secret because they are too good? is it because that somehow middle class families are going to benefit too much from them? >> bill: again that was a scripted line. the president didn't deliver it with much verb. >> the president the is a good debater and public speaker we know that the mistake he he made last night was coming off as a boring college professor. he simply droned on and on about people he met in kalamazoo or some place, who had a tough deal going on. instead of making dramatic points, the president meandered. and i couldn't believe -- i couldn't believe that mr. obama didn't even bring up mitt romney's 47% remark. what happened to that? by saying he thought 47% of americans wouldn't vote for him because they ar
people are you paying payroll taxes? that's a pretty good number. the unemployment comes from what we call the household survey, calling people up at home and saying do you have a job? are you working? are you unemployment and looking for a job or unemployed and not looking for a job. in that group it's a larger group because you have the self-employed. over the obama years, more and more people have left the labor force completely. especially older people between 50 and 56 that live off their savings and ira's before they should. some of those folks have returned in part-time work essentially in home-based businesses. about 110, 115,000 jobs are created in the establishment survey or the employer survey. but about 850 in the household survey, that would imply 700,000 or about 5% of american families have established a home-based business. it's completely implausible that that could happen. >> okay. so you say it's completely implausible and you are not the first economist to say this. and the only sample in terms of teeny fraction something like 55,000 people they call. is it possibl
has questions on the president from taxes to debt and spending. >> he wants another stimulus? how did the first one work out? he wants to hire more government workers? he wants to pick with winners and losers solyndra, losers in his case. we know where that leads. we have seen the last four years. we don't want four more years like the last four years. >> reporter: the debate at the university on long island is going to include foreign policy. to that end the governor is rolling out the foreign policy ball. he has a big speech on foreign policy at virginia military institute in lexington. >> gregg: tell us how big the first debate is playing out in the campaign ads. >> reporter: both sides are trying to portray the other as the bigger fiber. he has new ad from both campaigns and both are saying the other is untruthful from taxes to anything under the sun. take a look. >> i don't have five trillion dollar tax cut. if you just implemented it would cut five trillion dollars. >> i will not produce the taxes paid by high income americans. >> is that actually true? >> the latest, not tellin
economic theory of tax cuts for the rich, despite the fact he deny attend tax cuts, and the math. and let's go to war with sesame street but give wall street a big, wet, kiss, that is call what got us into this mess, we spent four years digging out of it. >>> meanwhile, gingrich saying the numbers were good for the president, but the overall picture is still gloomy. >> i think it was a significant help to the president. imagine coming out at 8.2 following the debate, i mean people would have entered the week saying it is close to the end. so it is part of the whole process, the campaign will go down to the end. it will be one of the most interesting campaigns in american history, i think you will see it go back and forth somewhat. on friday, the imf said probably no recovery until 2018. >> more reaction from them on the president's debate in just a moment. but first, here is the gallop daily tracking poll, mitt romney closing the gap on president obama, who still leads by three points, 49-46, and taking to the tv air waves, the romney camp claiming the president's plan will increase taxes
us more tax increases and more regulated debt. >> eric: talk about the real personal income and durable goods. that is, why? >> what we earn is important to our spending power and standard of living. we are down $4000. and that is real disposable income. and looking over the period of the president's term, we are down $4000 median per household . durable good orders. machines. cars and trucks and planes. down 13 percent. one month that is a decline and that points to recession. >> steve: seems like we are slowing down. over in trouble in europe and nothing on horizon. everybody slog down and america could leave the world out of america could expand and drag the world with it >> eric: personal income is down especially with gas at four bucks a gallon. >> national average 3.80. >> brian: fewer dollars to spend. >> we have food price inflation. our standard of living is declining. are you better off, no. you are not better off. >> steve: stewart i talked to a number of business owners and they were reluctant to hire. if mitt romney is elected president of the united states. wou
and on the state exchanges, that the congress forced the state to raise taxes and tell them how to pend it the supreme court weighed in on that. the statute is 2700 pages long and there are many other challenges in the court system to other parts of the statu. there are 45 plaintiffs all religious organizations many of them catholic and arch dose dose of new york challenged the so-called employer man date. the employer man date requires employers to buy health insurance that makes services available that violate the employer's values like birth control and abortion and euthaniasia. this would apply to universities and students. can yesterday the supreme court recognized one of the employer mandate challenges made its way to the federal appellate court and the appeals court said we don't want to hear supreme court said we are about to tell the appeals court to hear this. so it can make its way to us. the supreme court will rule on this next year rather than three or four years from now. >> gretchen: what is the messaging from the supreme court that they would tell a court below to rule o
't pay federal income taxes. >> there are 47% of the people who vote for the president no matter what. >> reporter: with an obama campaign ad still repeating those, romney tried to put an end to the controversy once and for all on fox. >> clearly in a campaign with hundreds and thousands of speeches and question and answer sessions, now and then you're going to say something that doesn't come out right. in this case i've said something that's completely wrong. >> reporter: romney heads next to florida where his economic message will still resonate. that state's unemployment rate while it has gone down in recent months is still well above the national average. wolf. >> jim acosta joining us, thanks very much. let's dig deeper right now with our chief political analyst gloria borger. gloria, this unemployment number, the new number, how important is it to each of these two candidates? >> well, first of all it's got to be a real boost for president obama as jessica was talking about earlier. if not reality, then also a real psychological boost to get below that 8% figure. very important
they might top it. >> arthel: and also a statement, romney pushing his tax policy, this weekend, right? >> reporter: of course in the wake of the debate in which the romney campaign it really defined the race, a choice between a dependency society with rising taxes that could hurt the recovery, versus the romney agenda which could cut taxes and rely fully on a smaller government and individual responsibility and entrepreneurial spirit and the romney campaign is attacking ever harder. here's a sample from last night. >> it has been calculated his tax plan raising taxes will cost 700,000 jobs. i will not raise taxes on small business and not raise taxes on middle income families. >> reporter: he will spend a little more time in florida and campaign here tomorrow and he has been doing a bit of debate prep with robhe senator from ohio and his debate sparring... playing the role of mr. obama and, monday, big foreign policy speech at the virginia military institute in virginia, and criticizing the president on foreign policy with specific criticisms of the way in which the administration han
and then the governor making a promise about taxes. >> a study came out this week that showed with all his spending, and all of his borrowing and all the interest on at that debt, that he will ultimately have to raise taxes on middle income families by 4,000 a year, and this commitment i make to you, i will not raise taxes on middle class families. while governor romney and his wife ann as you saw there were meeting with the crowd in florida, president obama also on the campaign trail this sunday, fund raising in hollywood. more on that in a moment. but first, john roberts is travelling with the romney campaign and john, with the rally late today, governor romney wraps up the florida swing. >> and three days here in the sunshine state. big rally in port st. lucie, 12,000 people one of the biggest crowds of his campaign so far and this state is beginning to friend this his direction. in fact, nationally, democratic leading policy poll found he gots a 5 point bounce out of that debate and the governor looking ahead to the next presidential debate, but as he left florida he couldn't help taking a part
Search Results 0 to 49 of about 76 (some duplicates have been removed)